CERRADO GOLD INC.

Management and Directors do not believe Common Shares reflect the value of the Company's assets and future prospects TORONTO, ON / ACCESSWIRE / November 13, 2024 / Cerrado Gold Inc. (TSXV:CERT)(OTCQX:CRDOF) ("Cerrado" or the "Company") announces today that the TSX Venture Exchange ("TSXV") has accepted the Company's notice to implement a normal course issuer bid (the "NCIB") permitting the Company to repurchase, for cancellation, up to 5,170,903 common shares ("Common Shares") of the Company, representing 5% of the issued and outstanding Common Shares. The NCIB will commence on November 15, 2024 and will terminate on the earlier of (i) the Company purchasing 5,170,903 Common Shares, (ii) the Company providing notice of termination of the NCIB, and (iii) November 14, 2025.» Mehr auf accesswire.com

Combined closing cash payments of US$30 million received Additional US$15 million future payments due to Cerrado TORONTO, ON / ACCESSWIRE / November 6, 2024 / Cerrado Gold Inc. (TSXV:CERT)(OTCQX:CRDOF) ("Cerrado" or the "Company") announces that it has completed the sale of its 100% interest in the Company's Monte Do Carmo project located in the State of Tocantins, Brazil to Amarillo Mineração do Brasil Ltda. ("Amarillo"), a wholly-owned subsidiary of Hochschild Mining PLC ("Hochschild"), in connection with the exercise of its option (the "Option") pursuant to an option agreement entered into on March 5, 2024 (the "Option Agreement")(the "Transaction").» Mehr auf accesswire.com

Closing cash payments of US$30 million and an additional US$15 million future payments due to Cerrado Company well-positioned to drive future growth via its operating Minera Don Nicolas gold mine in Argentina and its Mont Sorcier iron ore project in Quebec TORONTO, ON / ACCESSWIRE / October 30, 2024 / Cerrado Gold Inc. (TSXV:CERT)(OTCQX:CRDOF) ("Cerrado" or the "Company") announces that Amarillo Mineração do Brasil Ltda. ("Amarillo") a wholly-owned subsidiary of Hochschild Mining PLC ("Hochschild"), has provided notice of exercise of its option ("Option"), pursuant to an option agreement entered into on March 5, 2024 (the "Option Agreement"), to purchase a 100% interest in the Company's Monte Do Carmo project ("MDC Project")located in the State of Tocantins, Brazil (the "Transaction"), for total consideration of US$60 million (approximately C$83 million) (the "Purchase Price"), subject to the achievement of certain milestones.» Mehr auf accesswire.com